The mortgage system in Bulgaria is not transparent and very complex. A European Parliament delegation has come to this conclusion after a visit to the country in February. Among the problems are misleading behavior of private banks such as failure to inform about potential risks and misleading clauses in agreements, insufficient supervision of private bailiffs and difficult access to free legal aid for consumers.
MEPs have made recommendations on the identified problems to the Bulgarian National Bank, but describe their communication with the institution as "unsatisfactory", BNR correspondent Angelina Piskova reported from Brussels.
The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building, caretaker Interior Minister Atanas Ilkov said in an interview with public service TV BNT. After..
The Bulgarian Orthodox church marks the day of St. Archangel Michael today, one of the most popular immovable Christian feasts. In Bulgaria it is also known as Arhangelovden . In popular belief, Archangel Michael – the angel closest to God –..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play Arms and the Man , directed by John Malkovich, turned violent. The protesters occupied the entrances..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29..
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